Norway | Egypt Oil & Gas - Part 9

Norway To Ramp Up Gas Production Capacity

Norway will allow increased production from its biggest natural gas field as Europe’s second-largest supplier of the fuel prepares for increased competition with Russia and the US.

Norway’s Statoil Ends China Oil Rig Contract in the North Sea

Norway's Statoil has decided to end its contract with the China Oilfield Services Limited, or COSL, which operates a drilling rig in the North Sea over unsatisfactory performance.

Norway to Develop Arctic Gas Reserves, Seeking EU Commitment

Norway, Europe’s second biggest gas supplier after Russia, is planning to develop its northernmost reserves in the Arctic, but hinges on a commitment by the European Union to make the fuel part of its strategy to cut ...

Norway to Help Kenya Develop its Oil Sector

Kenya has entered into a long-term 'Oil for Development' program agreement with Norway to develop its local oil sector by providing support in the management of Kenya's natural resources and protection of the environ ...

Norway’s Krone Dropped over Oil, Industrial Production Slump

Norway’s currency, krone has dropped by 1.2 % against the Euro over industrial production slump, and a drop in the Brent crude price.

Norway Gas Pipeline Court Ruling Being Contested

A group of international investors will appeal against a ruling by an Oslo court regarding Norway's decision to cut natural gas pipeline tariffs for the 8,000-km (5,000-mile) Gassled gas pipeline network

Norway Mulls Withdrawals from Oil Fund

As its currency slumps, Norway is considering withdrawing from its massive sovereign wealth fund,

Norwegian Firm Eager to Boost Iranian Recovery Rates

"Iran offers interesting opportunities at such time as international sanctions are removed," announced Norwegian oil firm DNO

Norway’s Economy Follows Oil Price

The economy of Norway is a “train wreck in slow motion,” according to Svenska Handelsbanken AB, reported Bloomberg. Norway is western Europe’s largest oil producer, with hundreds of offshore platforms and fields in t ...

Norway Overtakes Russia as Western Europe’s Top Gas Supplier

Norway has overtaken Russia as western Europe’s top gas supplier, data from state firms shows, indicating the European Union’s drive to reduce its dependence on Russian energy is bearing fruit.

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